Nearly 87 percent of previously owned single-family homes that sold in May had been on the market for 30 days or less, up from about 64 percent of the house sales in January.
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The market has slowed considerably this year, after a heated run in 2018 sparked affordability concerns. The cooling, at least in theory, could help jumpstart home sales.
Las Vegas’ housing market is a far cry from the boom days of a decade ago, but at least one thing is approaching those levels again: new-home prices.